Can environment protection and economic development go hand in hand and how will India balance between growth and environment?
Good morning. These are notions that do not necessarily go hand in hand and, usually, they don't. For a long time (from Industrial revolution in Europe to the end of the 20th century) economic development wasn't fitting the criteria of environment protection (as development is seen according to Western standards and its "modernity"). But it is possible to say that many developing countries are now looking for ways to develop and to protect their environment. For example you can look at the website "Invest India" that shows how the country is trying to reduce its consumption, concerning fossil fues. India's industrial scenarios try to diversify and develop green energies and industries (as it remains the third largest energy consuming in the world). A balance between growth and environment needs fundings and, so far, production creates growth, incomes and it finances greener energy. Thus, paradoxically many countries use fossil fues to finance their greener energies. So a good question would also be the one of a "green capitalism" and asking if India can achieve it after having financed its green energies, industries and growth.
Faithfully yours,
Simon Savary
- Badges
- Science topic
- Similar topics
- Statistics
- Survey